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Bank Info Security 5 months, 3 weeks ago

Face-Swapping Tools Pose Elevated 'Know Your Customer' Risks

Easy-to-Use Deepfake Services for Criminals Rapidly Improving, Researchers WarnFinancial firms' fraud and risk teams must bolster know-your-customer checks in the face of increasingly effective and affordable deepfake technology and services that can generate synthetic identities, convincing face-swaps and defeat "live" biometric checks to bypass defenses, warn researchers.

Crew helped lowlifes generate X-rated celeb deepfakes using Redmond's OpenAI-powered cloud – claim Microsoft has named four of the ten people it is suing for allegedly snatching Azure cloud credentials and developing tools to bypass safety guardrails in its generative AI services – ultimately to generate deepfake smut videos of celebrities and others.…

Defenses need a rethink in face of increasing sophistication Cyber attacks using AI-generated deepfakes to bypass facial biometrics security will lead a third of organizations to doubt the adequacy of identity verification and authentication tools as standalone protections.…